IP Library Granted Patent US 7,424,942
Granted Patent B2
US 7,424,942 · App. 11/478,153 · Granted Sep 16, 2008

Banknote handling apparatus

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Quick Facts
Patent No.
US 7,424,942
App. No.
11/478,153
Granted
Sep 16, 2008
Kind
B2
Abstract

A first sensing means, which may form part of a banknote authenticator, is used to determine the profile of, for example, at least the leading edge of a banknote. Actuators located elsewhere in the banknote handling machine are operated in accordance with the outputs of other sensors, after taking the measured profile into consideration, so as to correct for errors due to the banknote being damaged in the area sensed by the other position detectors.

Claims (13)

1. Apparatus for handling a banknote, the apparatus comprising:

first sensing means for sensing the banknote at a first location in the apparatus, the first sensing means being operable to detect the presence of the banknote at a plurality of positions so as to determine the profile of at least one edge of the banknote,

at least one second sensing means for providing a detection signal in response to detecting the banknote when it passes through a respective further location in the apparatus, and

at least one operation means arranged for performing an operation on the banknote at a timing determined by a combination of (a) the time at which said detection signal is provided, and (b) the profile of the edge as detected by the first sensing means.

2. Apparatus as claimed in claim 1 , wherein the first sensing means is operable to scan the banknote as it passes through the first location so as to determine the profile of at least one of the edges of the banknote.

3. Apparatus as claimed in claim 2 , wherein the first sensing means is operable to sense the banknote at a plurality of positions distributed along a direction transverse to the direction of travel so as to determine the profile of at least one of the leading and trailing edges of the banknote.

4. Apparatus as claimed in claim 3 , wherein the first sensing means is operable to determine the profile of at least the trailing edge of the banknote, the apparatus further including means for reversing the direction of travel of the banknote so that the trailing edge reaches the operation means before the leading edge.

5. Apparatus as claimed in claim 1 , including a said operation means in the form of an actuator for controlling the movement of the banknote.

6. Apparatus as claimed in claim 1 , including a said operation means in the form of a transport device arranged to start transporting the banknote at said timing.

7. Apparatus as claimed in claim 1 , including a said operation means in the form of a transport device arranged to stop transporting the banknote at said timing.

8. Apparatus as claimed in claim 1 , including a said operation means in the form of a bundler arranged to cause the banknote to be added to a drum carrying a stack of banknotes at said timing.

9. Apparatus as claimed in claim 1 , including a said operation means in the form of a gate arranged to alter a path along which the banknote is arranged to travel at said timing.

10. Apparatus as claimed in claim 1 , including a validator device arranged to determine the authenticity of the banknote in accordance with signals from said first sensing means.

Assignments (6)
SECURITY INTEREST Recorded Apr 3, 2023
From: CRANE HOLDINGS, CO.; CRANE & CO., INC.; CRANE PAYMENT INNOVATIONS, INC.; CRANE SECURITY TECHNOLOGIES, INC.; CUMMINS-ALLISON CORP.
To: JPMORGAN CHASE BANK, N.A., AS ADMINISTRATIVE AGENT
Reel/Frame 063237/0538 →
CHANGE OF NAME Recorded Oct 27, 2015
From: MEI, INC.
To: CRANE PAYMENT INNOVATIONS, INC.
Reel/Frame 036981/0237 →
RELEASE OF SECURITY INTEREST IN INTELLECTUAL PROPERTY COLLATERAL RECORDED AT REEL/FRAME 031095/0513 Recorded Dec 11, 2013
From: GOLDMAN SACHS BANK USA, AS COLLATERAL AGENT
To: MEI, INC.
Reel/Frame 031796/0123 →
SECURITY AGREEMENT Recorded Aug 27, 2013
From: MEI, INC.
To: GOLDMAN SACHS BANK USA, AS COLLATERAL AGENT
Reel/Frame 031095/0513 →
RELEASE OF SECURITY INTEREST Recorded Aug 23, 2013
From: CITIBANK JAPAN LTD.
To: MEI, INC.
Reel/Frame 031074/0602 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Sep 26, 2006
From: VOSER, CHRISTIAN
To: MEI, INC.
Reel/Frame 018302/0343 →